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Get the free Prime Brokerage Addendum to Customer Agreement - Lek Securities

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Led Securities Corporation Agreement for Prime Broker Clearing Services This Agreement by and between Led Securities Corporation (LSC), on its own behalf or on behalf of its Correspondent firm for
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How to fill out prime brokerage addendum to:

01
Determine the purpose: Before filling out the prime brokerage addendum, it is important to understand why you are required to fill it out. The addendum may be necessary for specific transactions or services provided by the brokerage firm. Make sure you have a clear understanding of the purpose.
02
Review the existing agreement: Familiarize yourself with the terms and conditions of the prime brokerage agreement. The addendum may modify or supplement certain provisions of the agreement. Take note of any areas that may be affected by the addendum.
03
Obtain the addendum form: Contact your prime brokerage firm or access the necessary forms online. They should provide you with the specific addendum form required. Make sure to use the most up-to-date version of the form to avoid any discrepancies.
04
Read the instructions: The addendum form should come with instructions on how to fill it out correctly. Read the instructions carefully to ensure that you provide the required information in the appropriate sections. Follow any specific guidelines or formatting requirements provided.
05
Fill in the necessary information: Complete the addendum form by filling in your personal or company information as required. This may include your name, contact details, account number, and any other relevant information specified in the form. Double-check the accuracy of the information before proceeding.
06
Understand the modifications: If the addendum is modifying certain provisions of the prime brokerage agreement, make sure you understand the implications of these modifications. It is recommended to seek legal advice or consult with a professional if you have any doubts or concerns.
07
Sign and date the addendum: Once you have filled out the addendum form correctly, sign and date the document. This signifies your agreement to the modifications or additions made by the addendum. You may be required to obtain additional signatures, depending on the requirements of the brokerage firm.

Who needs prime brokerage addendum to:

01
Investors working with a prime brokerage firm: Prime brokerage addendums are typically required for investors who utilize prime brokerage services. These services cater to high net worth individuals, hedge funds, institutional investors, and other sophisticated investors who engage in complex trading strategies.
02
Traders requiring additional services: Some traders may require additional services from their prime brokerage firm, such as direct market access, margin trading, or borrowing securities. In such cases, a prime brokerage addendum may be necessary to outline the terms and conditions related to these services.
03
Individuals or companies seeking customization: Prime brokerage addendums can also be used to customize the relationship between the investor and the brokerage firm. It allows for specific provisions to be added or modified based on the needs and preferences of the investor.
In conclusion, filling out a prime brokerage addendum requires understanding the purpose, reviewing the existing agreement, obtaining the correct form, following instructions, providing accurate information, comprehending any modifications, and signing the document. These addendums are typically needed by investors utilizing prime brokerage services, traders requiring additional services, or individuals/companies seeking customization in their relationship with the brokerage firm.
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Prime brokerage addendum is added to a master prime brokerage agreement.
Clients who utilize prime brokerage services are required to file the addendum.
The addendum should be completed by providing all necessary information and signatures.
The addendum is used to specify additional terms and conditions to the master prime brokerage agreement.
Details such as specific services requested, fees, and responsibilities of both parties.
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